Crude oil supplies nervous likelihood to continue to go up to 66.67

Shaly gas exploitation puts delay likelihood aggravate crude oil rises in price

Shale drills an activity to give now to fall, this kind fatigued and weak mix in North America " the Northern Hemisphere " most apparent. Current even unripe antenatal condition also makes a person depressed, growth foreground is met very quickly possibly adjust for be issued to lower levels. But although add fast put delay somewhat, crop still is in growth.

Crude oil supplies nervous likelihood to continue to go up to 66.67

The market is supplied discontinuous influence easily

Although oil price heretofore already rose this year 30% above, did not come to a few weeks to still can continue possibly to rise. This basically results from incident of a series of ground fringe politics, include oil immunity, the reduction of output of Ou Peike, blame Ou Peike and Russia dominant. Of course, venezuela, Iran and Libyan oil output also are in drop. All these make the possibility that oil price rises very tall.

Libyan the tight situation all round has not create any heavy havoc. However, army of Libyan the eastpart part is time problem only in occupational Li Bo. Once appear this kind of circumstance, the problem that supplies a side can upgrade for certain.

The United States and Saudi Arabia are undertaking negotiating, quits and current tension is supplied with making oil price maintains in current level. However, country of member of gram of admire of 14 Saudi Arabia, Europe and 10 blame country of Ou Peike's member is affirmatory already, decided output level is maintained before June. And, come to an agreement with the United States it seems that possible obstacle sand is in especially the consequence of Vienna. This lets a Saudi Arabia be in the condition of be in a dilemma now.

Does nominal await in 66.67 levels?

The price of Germany city crude oil will depend on probably the Saudi Arabia offsets in metaphase the decision of the supply of crude oil insecurity. From short-term in light of, oil is rising all the time. Break through as the price 64.9, crude oil may continue to go up to 66.67 interval () of high in January 2018 point. But in this level, nominal may begin the operation, make crude oil callback comes 63 or 60 col are the following.

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